ECB Weighs More Rate Cuts Amid Economic Slowdown

The European Central Bank (ECB) is considering additional interest rate reductions as it navigates economic uncertainties within the Eurozone. The decision comes after recent cuts to key interest rates, designed to address weak growth and subdued inflation pressures. These concerns are exacerbated by U.S. tariffs impacting the region’s economies. While a 50 basis point cut was discussed, officials ultimately settled on a 25 basis point reduction at their latest meeting. This move reflects a commitment to bolstering economic activity amidst these challenges.